The sale closing for Froebel is scheduled for Feb. 28, Felske said. The school board agreed to sell the historic school building in the city's Jackson Hill neighborhood for $1,000.

McLaughlin Elementary, located in central Muskegon at 125 Catherine , was closed in 2012. Phillips Elementary, located at 1442 E. Broadway in the city of Norton Shores, has been closed for 10 years.

Initially, officials had thought they would put off the Froebel closing until the group decided if it wanted one or both of the other buildings. But Felske said the decision was made to move ahead with the Froebel sale.

Froebel was closed in 2003. Built in 1930, it is nearly 55,700 square feet and has historically interesting architecture, including a terra cotta roof.

Phillips is a single-story structure built in 1946 with later additions. McLaughlin, also a one-story school, was built in 1955.

Attempts to contact representatives of Blue Creek Holdings have been unsuccessful. Felske has described the group as including about six investors, one with a banking background and another who has done some previous development in the city.

Also possibly seeking a closed school building is Covenant House Michigan, which is considering locating one of its alternative charter schools for older teens and young adults in Muskegon. Felske said Covenant House is expected to decide by the end of February whether to locate here.